Research On The Influencing Factors Of The Development Of Inclusive Finance In Alu Horqin Banner Under The Background Of The Internet

The two main problems facing our country's economy and society lie in the fact that funds are separated from the real economy and enter the fictitious economy and the gap between the rich and the poor under the new normal background of China's economic growth at medium to low speed.Developing Inclusive Finance is one of the effective tools to solve these two problems.This paper takes the remote poverty area-Alu Horqin banner as the research object.First,it makes a comprehensive analysis and generalization of its inclusive financial development status through three indicators,namely,usage,availability and quality.The analysis results show that in the past two years,the development of Inclusive Finance in the rapid development of the AR Horqin banner,especially the development of Internet finance,is still very low.Based on the above analysis results,we find that under the background of the Internet,the level of regional economic development,the age distribution of population and the level of education,infrastructure and small and medium-sized financial institutions have a significant impact on inclusive financial development.Further,this paper analyzes the mechanism of the four factors that affect the development of Inclusive Finance.The level of regional economic development affects the development of Inclusive Finance through the savings of residents,the competition degree of regional financial institutions,the level of industrialization and the ability to attract external funds.Population distribution and education level affect the development of Inclusive Finance through anti risk ability,credit rating,financial knowledge and Internet usage.In infrastructure,public infrastructure affects the development of Inclusive Finance through attracting the capabilities of financial institutions,while financial infrastructure affects the development of Inclusive Finance through the cost of financial services and the quality of financial services.Small and medium-sized financial institutions mainly affect the development of Inclusive Finance through the number of loans,financial innovation and the number of financial infrastructure.Finally,the corresponding suggestions are put forward for the factors and mechanism of the development of Inclusive Finance.First of all,the government should formulate corresponding systems to guide,encourage and support the development of Inclusive Finance.Secondly,the government and financial institutions should strengthen the publicity of legal and financial knowledge,reduce the probability of dishonesty,and finally,financial institutions should strengthen the construction of financial infrastructure,carry out financial innovation through interconnected networks,and achieve financial basis.Infrastructure distribution is equally distributed.